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    Property profile & analytics

    103 Willow St Yadkinville, NC 27055-6811

    • Outlet malls
    • 9,077 SF
    • 0.91 lot acres
    OFF-MARKET
    Last Sale
    Dec 30, 2021
    $1,271,500
    Value Estimations
    $1,315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1964188
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Outlet malls

    Property Details for 103 Willow St

    Year built
    2008
    Construction
    CONCRETE
    Lot size
    0.91 lot acres
    Property size
    9,077 SF
    Property type
    Outlet malls
    APN
    130996
    APU
    130996

    Description

    This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General store in Yadkinville, North Carolina. The 9,077 square foot building, constructed in 2008, sits on a 1.01-acre lot and boasts upgraded brick construction with a prominent street-facing corner entry. The property enjoys a prime location in the city center, directly off I-601, and benefits from high visibility and proximity to major retailers including Food Lion, Bojangles, Walgreens, CVS, and numerous fast-food restaurants. The property is currently 100% occupied under a Net Lease agreement with a corporate guarantee from Dollar General, providing a secure and passive income stream. The lease features a remaining term of six years, with five additional five-year options, each including a 10% rent increase. This location consistently ranks in the top 15% of Dollar General stores nationwide and the top 11% in North Carolina, according to Placer.Ai, demonstrating exceptional performance and strong tenant demand. The asking price is $1,199,142, representing a 7.00% cap rate and $132.11 per square foot. The property's strong tenant, prime location, and favorable lease terms make it an attractive investment opportunity with significant long-term potential. The tenant pays a fixed monthly maintenance contribution, further enhancing the passive income stream. This is a rare opportunity to acquire a high-performing asset in a thriving market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,375,000
      ML approach
      $1,380,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,290,000
      Market price range: $573k - $1.29M

    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $885,000
      Current use
      OFFICE BUILDING
      $1,330,000
      Change: +50% Conversion: Easy
      COMMERCIAL (GENERAL)
      $1,300,000
      Change: +47% Conversion: Easy
      RESTAURANT
      $1,105,000
      Change: +25% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Yadkinville
    County
    Yadkin
    State
    North Carolina
    Longitude
    -80.6593
    Latitude
    36.1327
    CBSA code
    49180
    CBSA name
    WINSTON-SALEM, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,100
    $245,520
    $768,783
    $1,014,303
    -
    $245,520
    $768,783
    $1,014,303

    Comparable in this City

    • Value Estimation
      $1,290,000
      9,082 SF

      103 Main St

      WHOLESALE OUTLET, DISCOUNT STORE • 9,082 SF
      103 Main St, Yadkinville, NC 27055-7852
      View Details
    • Value Estimation
      $1,345,000
      8,320 SF

      619 State St

      WHOLESALE OUTLET, DISCOUNT STORE • 8,320 SF
      619 State St, Yadkinville, NC 27055-8197
      View Details
    • Value Estimation
      $795,000
      9,090 SF

      4109 Old Us 421st E Hwy

      WHOLESALE OUTLET, DISCOUNT STORE • 9,090 SF
      4109 Old Us 421st E Hwy, Yadkinville, NC 27055-8040
      View Details
    • Value Estimation
      $645,000
      6,972 SF

      947 State St

      WHOLESALE OUTLET, DISCOUNT STORE • 6,972 SF
      947 State St, Yadkinville, NC 27055-6765
      View Details
    • Value Estimation
      $3,650,000
      3,888 SF

      528 Hawthorne Dr, Unit A

      REGIONAL SHOPPING CENTER, MALL • 3,888 SF
      528 Hawthorne Dr, Yadkinville, NC 27055-7689
      View Details
    • Value Estimation by Request
      31,130 SF

      921 State St

      REGIONAL SHOPPING CENTER, MALL • 31,130 SF
      921 State St, Yadkinville, NC 27055-6765
      View Details

    Similar Nearby for Sale

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      Prime commercial land with high visibility and accessibility for sale.
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    • Contact for pricing

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      Affordable Yadkinville Offices - Available Now
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      View Details
    • New
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      123+/- acre vacant land in a rural setting.
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      Spacious industrial lot, ideal for development. 68 acres, prime location.
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    Similar Nearby for Lease

    • $12 SF/Yr
      90,917 SF

      Yadkinville Retail Space Available

      8,000 SF Retail Space - High Traffic Area
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      View Details
    • $6,000 /Mo
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      Office space available with flexible floor plan and ample parking.
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      View Details
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    Yadkinville, NC 27055-6811
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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